Title front - Sindh Board Of Investment, Government Of Sindh
Title front - Sindh Board Of Investment, Government Of Sindh
Title front - Sindh Board Of Investment, Government Of Sindh
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Highlights of Events 2011 - 2012<strong>Sindh</strong> <strong>Investment</strong> and Trade Forum, Beijing, 2011The Chinese entrepreneurs have always contributedgreatly towards economic development of Pakistan.SBI believes that increased interaction betweenbusiness communities of two countries such asPakistan and China will further strengthen the bond ofunity established and sustained for many decades.<strong>Government</strong> of Pakistan aims to carry forward thistime-tested friendship of Pakistan and China to futuregenerations which is based on account of thefamiliarity and common understandings developedover a long period of economic cooperation. With thisaim in mind, SBI took an investment delegation to thePeople’s Republic of China from 15th to 19thNovember, 2011 with Chinese People's Institute ofForeign Affairs (CPIFA) as the host of the event.The delegation was headed by the Speaker of <strong>Sindh</strong> Assembly Mr. Nisar Ahmed Khuhro and wasaccompanied by Mr. Mohammad Zubair Motiwala (Chairman, <strong>Sindh</strong> <strong>Board</strong> of <strong>Investment</strong>), Mr.Mohammad Younus Dagha (Secretary, <strong>Investment</strong> Department) and other government officialsand private businessmen.During the delegation’s visit, <strong>Sindh</strong> <strong>Board</strong> of <strong>Investment</strong> and <strong>Government</strong> of <strong>Sindh</strong> were successful inpromoting the potential of <strong>Sindh</strong> among Chinese investors and successful interactions were madewith Chinese counterparts on G2G, G2B and B2B levels.From the platform of <strong>Sindh</strong> <strong>Board</strong> of <strong>Investment</strong>, <strong>Government</strong> of <strong>Sindh</strong> signed 4 MOUs with prominentChinese companies such as China Three Gorges, United Energy (Orient Group) in power and energysector worth around $ 10 billion during visit to People’s Republic of China. It was committed thatinvestment will be made by the Chinese companies in Thar coalfiled, wind power generation andwind turbine manufacturing facility in <strong>Sindh</strong>. Details of MOUs are mentioned below:i. Development of coal-based power projects in <strong>Sindh</strong> by China Three Gorges Corporation (4000MW from Thar coalfield and 300 MW at Sondha, district Thatta.)ii. Development of 1000 MW wind power projects in <strong>Sindh</strong> by China Three Gorges Corporation andthe <strong>Government</strong> of <strong>Sindh</strong>.iii. Development of wind turbine generators (WTGs) manufacturing facility in <strong>Sindh</strong> by China ThreeGorges Corporation.iv.Development of 150-500 MW wind power and other investment projects in <strong>Sindh</strong> by UnitedEnergy Pakistan Limited (United Energy Group, Hong Kong)
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